Section 4952 Of Article 2. Conversion Of Federal Depository Corporation Into California State Depository Corporation From California Financial Code >> Division 1.6. >> Chapter 5. >> Article 2.
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. (a) After a conversion becomes effective, the commissioner
shall issue, upon application, a certificate under his or her
official seal, stating that the converting depository corporation was
converted into the resulting depository corporation and specifying
the time at which the conversion became effective.
(b) Any certificate issued pursuant to subdivision (a) shall be
prima facie evidence of the fact of the conversion and of the
regularity of the proceedings taken for the conversion and shall be
conclusive evidence of such matters in favor of any innocent
purchaser or encumbrancer for value.